Powered by IFAD

Rural poverty approaches, policies & strategies in Ghana

The second phase of the Government of Ghana’s poverty reduction strategy is the Ghana growth and poverty reduction strategy (GPRS II) – an agenda for growth and prosperity. Ghana is committed to transforming its economy to achieve growth, accelerate poverty reduction and protect poor people in a decentralized, democratic environment. The Government emphasizes that it has the political will to consolidate achievements, strengthen partnerships, introduce innovations and increase policy dialogue.

The Government continues to foster macroeconomic stability, accelerated growth led by the private sector, human resource development and good governance. Its poverty reduction strategy focuses on vulnerable and excluded people such as poor agricultural workers – particularly migrant farm hands, traditional fishers and disabled persons – and those with the potential to become more productive, including women in the informal sector, unemployed young people, and subsistence farmers.

While the first phase of the Government’s strategy emphasized programmes and projects to reduce poverty, the second focuses on implementation of activities that induce growth and have the potential to support the creation of wealth. The objective is sustainable poverty reduction.

Through loans and grants, IFAD has invested in initiatives to reduce poverty in Ghana since 1980, funding 16 loans to implement 15 programmes and projects. Four are ongoing and another was recently approved. IFAD loans amount to a total commitment of US$193.4 million, making Ghana the second largest user of IFAD resources in Western and Central Africa.

Source: IFAD